Thanks Wesley,I see that you are from Plano- I'm actually quite fond of the North Dallas area!

I am sure they do quite well, but there is alot more to the picture than what A&E shows.

Thanks for the advice.I spent all last night reading several of the posts in the foreclosure forum and I can definately say I learned quite a bit just by doing that.

That is a lot of work and will require quite a bit of intestinal fortitude on your part to accomplish it.

commercial all mostly depends on the income as in my experiencei have made quite some good profit but lost many as well. however, residential is better since financing is much better. commerical determines on rental coming in AND track record. if you don't have some good quality tentants...finding the loan is difficultthankssunsmicro

There are quite a few guide books that contractors and builders use that you can buy yourself.

I am sure my "newbie" language is probably quite annoying.

And make sure you buy at a big enough discount that you can live almost rent free when its fully occupied, that way your income won't be quite so necessary and can be held for bad months when you have vacancies, etc.

Of course if you just get a quit claim deed then you really dont' have much anyway.

Well, in the short time since becoming a member (although I have to admit I trolled for quite some time), I have started my own L.L.C., established a bank account in the business name, ordered some small advertising products, published a website and basically gone from a total newbie to someone who has the ability to hold a conversation on REI and actually sound like I know what I am talking about!